£423,855
This estimated value is based upon the latest sale price for the house of £350,000 on 4 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£350,000 | 4 Jun 2020 |
£170,000 | 3 Jul 2015 |
£140,000 | 21 Jan 2015 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £350,000 results in an estimated price of approximately £423,855.
4 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £350,000 | £73,855 | £423,855 |
The Postcode Pricing Model uses changes in average sales price within the M6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 31.486 % | £110,201 | £460,201 |
3 Month Average | 59.464 % | £208,124 | £558,124 |
6 Month Average | 42.307 % | £148,072 | £498,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £562,572 | £555,000 | 16 VICTORIA ROAD |
5 Jul 2023 | £364,911 | £360,000 | 22 VICTORIA ROAD |
30 Mar 2023 | £335,662 | £332,500 | 17 HAWTHORN DRIVE |
28 Feb 2023 | £154,896 | £155,000 | FLAT 21 KNOWLES COURT ECCLES OLD ROAD |
11 Nov 2022 | £316,170 | £320,000 | 79 VICTORIA ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 28 Oct 2019. Using an estimated price of £423,855 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on VERDUN AVENUE is 181 sq meters (1,956 sq feet).